Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria is catching up with EU indicators slowly

Photo: BGNES

Bulgaria is the only country of the EU which is complying with the budget deficit criterion, said Valdis Dombrovskis, Executive Vice President of the European Commission.

Despite the strong economic growth and low unemployment rate Bulgaria is catching up with the rest of the EU slowly, according to the European Commission spring economic report. The country has a high level of poverty and income inequality. The percentage of non-performing loans remains high. Supervision in the insurance sector needs to be additionally reinforced, even though considerable progress has been made. The challenges in the fight against corruption remain and there is no convincing evidence as yet of the prosecution of high-level cases. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ponzi scheme scams Bulgarian investors out of millions

More than 20 reports have so far been submitted to the police connected with a Ponzi scheme - BETL - after it stopped paying out dividends. Collective action cannot, as yet, be taken as the relevant services have to establish who is behind..

published on 12/10/24 12:53 PM
Ivaylo Mirchev

PP/DB wants a parliamentary commission of inquiry into Russian influence in Bulgaria

We Continue the Change/Democratic Bulgaria (PP/DB) will propose the setting up of a parliamentary commission of inquiry to conduct a large-scale investigation into Russian influence in the country, said PP/DB MP Ivaylo Mirchev in an interview with..

published on 12/10/24 11:36 AM
Nayden Todorov (R) and Prof. Lyudmil Vagalinski

Culture Minister Naydenov: Heraclea Sintica is Petrich’s passport to the future

Minister of Culture Nayden Todorov awarded a Guardian of Heritage certificate to archaeologist Professor Lyudmil Vagalinski for his significant contribution to the discoveries made in the ancient city of Heraclea Sintica near Petrich...

published on 12/10/24 9:39 AM